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Does GeoExchange cost more?

Not necessarily. It depends on how you measure cost. While they sometimes cost more to install in homes than conventional systems because of the ground loop piping, GeoExchange systems typically have the lowest life-cycle cost of any heating and cooling system. Heating and cooling costs for a typical 2,000-sq.-ft. home can run as low as $1 a day.

Moreover, installation costs have declined substantially in recent years, and they’re expected to continue to fall, as more builders and contractors offer GeoExchange systems, and as the industry develops innovative ways to install the systems faster and more efficiently.

Altogether, GeoExchange systems are a sound investment. The amount they save the homeowner every month in energy costs is more than enough to offset their higher installation cost.

Furthermore, the energy efficiency of the system adds value to the home. The National Association of Realtors Appraisal Journal estimated that a home’s value increases by $10 to $25 for every $1 reduction in utility bills. That’s a lot of equity to build just by choosing GeoExchange!